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Dec 5, 2012
12/12
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>> it feels like a different environment. i do not know, but right now we are in the middle of a political test of wills on marginal tax rates. nots interesting we're fighting on the underlying principle, which is that wealthy ought to pay more in order to help us close debts and deficits, get our economy back on track. right now the president thinks he won a point, was vindicated by his victory in the election, and republicans did not want to do that, but he has the good hand in this struggle. restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need, and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates if they should go up some, but do they need to go back where they were? i do not know. lots of ways to incr
>> it feels like a different environment. i do not know, but right now we are in the middle of a political test of wills on marginal tax rates. nots interesting we're fighting on the underlying principle, which is that wealthy ought to pay more in order to help us close debts and deficits, get our economy back on track. right now the president thinks he won a point, was vindicated by his victory in the election, and republicans did not want to do that, but he has the good hand in this...
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Dec 5, 2012
12/12
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it is because they grew up in a -- an unstable home environment. they grew up in dangerous neighborhoods with no access to healthcare. they're often raised by heroic single parents and sometimes an elderly grandmother. they may not have a chance to participate in afterschool to these -- activities because their parents are working and cannot pick them up. every day some amazing parent or caretaker is of her, and all of it to give these kids a chance at a better life. the research on this topic consistently found that children raised in tough circumstances struggle in comparison than children raised in more stable family settings. they face a higher risk of poverty and failing schools. have lower scores on standardized tests, lower grades, and a much higher chance of dropping out of high school or failing to attend college. this societal breakdown is not something the government has solved, but it is something they cannot ignore. you cannot separate economic well-being of of your people from their social well-being. but the federal government -- wha
it is because they grew up in a -- an unstable home environment. they grew up in dangerous neighborhoods with no access to healthcare. they're often raised by heroic single parents and sometimes an elderly grandmother. they may not have a chance to participate in afterschool to these -- activities because their parents are working and cannot pick them up. every day some amazing parent or caretaker is of her, and all of it to give these kids a chance at a better life. the research on this topic...
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Dec 4, 2012
12/12
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what the political environment, the culture on the hill, will accommodate. if the dave camp and sander levin cut a deal on the ways and means committee? >> begin the process and see what they can produce then begin the process of trying to confer. if there's a new revenue source, carbon tax, some sort of consumption tax, it will emerge out of their common frustration. that they can't get where they need to know. so don't micromanage or be prescriptive. give them the ratio of expend reductions to tax reform revenue enhancements, give that task, this fall, the committee and over the next six or nine months, task them to meet those numbers. i think the capabilities -- capability is there to do it. there's a will and i believe there is, with the president and john boehner, they will get the job tone. >> could i just add an amendment to what he's saying? i don't think it's credible to kick the can down the road that far at this point. i think that the reaction in the real economy would be devastating. so you have to kind of imagine what you're suggesting, vic, wh
what the political environment, the culture on the hill, will accommodate. if the dave camp and sander levin cut a deal on the ways and means committee? >> begin the process and see what they can produce then begin the process of trying to confer. if there's a new revenue source, carbon tax, some sort of consumption tax, it will emerge out of their common frustration. that they can't get where they need to know. so don't micromanage or be prescriptive. give them the ratio of expend...
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Nov 28, 2012
11/12
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as more do, it will create an environment for us to reach an agreement. we need the same willingness to step 4 on the left to be able to meet in this room at the table or wherever the room maybe and to come to an agreement that will lead us forward. one thing i am hoping for is if we can reach an agreement, in principle before the end of the year, then implement it, i believe this is what many have been waiting for to launch a more spirited recovery. if we get this done, if we have a credible $4 trillion deficit reduction plan signed and sealed, signed by the president, what does that say to the rest of the world? many economies in europe and other places are struggling, but ours will be the strongest in the world in terms of the future. it takes a lot of hard work but it is worth the effort. all will prosper. saturday night, my wife and i went to see a movie by spielberg. about another gentleman who lived in illinois for a while named abraham lincoln. toward the end of the new -- of the movie, daniel day-lewis was sitting across from confederate and ther
as more do, it will create an environment for us to reach an agreement. we need the same willingness to step 4 on the left to be able to meet in this room at the table or wherever the room maybe and to come to an agreement that will lead us forward. one thing i am hoping for is if we can reach an agreement, in principle before the end of the year, then implement it, i believe this is what many have been waiting for to launch a more spirited recovery. if we get this done, if we have a credible...
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Dec 5, 2012
12/12
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> a tense face-off in cairo today. two protesters were killed and four injured as the two sides threw rocks and fireworks and molotov cocktails outside the presidential palace. you see the sheer volume of the crowds. opponents are livid over morsi's power grab and the rush to draft a new constitution. on the flip side, morsi supporters called into action by the muslim brotherhood whose headquarters was attacked today by masked men. reza sayah is live for us in cairo. i want to start with this masked men attacking, in fact, now looking at the video, i see the fire. tell me what you know. >> reporter: yeah, that's the city nort
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> a tense...
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Dec 5, 2012
12/12
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it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>> we are taking a look at the top cnn trends. he's the dude that lost his car in "dude where's my car" now ashton kutcher is playing the role of steve jobs. >> those are two very different characters. >> i would say so. it's one of the greatest and innovative american minds ever. >> the resemblance to a young steve jobs right out of the cradle of computers, it's pretty striking. michelle turner has that for us from hollywood. >> reporter: yes, just a few weeks the world will get its first look at the new movie about steve jobs. but we can share the first image from the film which stars ashton kutcher as the legendary man behind apple. this is the photo of kutcher in costume as jobs. he has the beeld and the long hair parted on the side. that was his look ba
it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>> we are taking a look at the top cnn trends. he's the dude that lost his car in "dude where's my car" now ashton kutcher is playing the role of steve jobs. >> those are two...
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Dec 6, 2012
12/12
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MSNBC
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that's obviously not a great environment to move things along. the optimists on both sides think we're going to get a deal, not by christmas, but by new year's. if you ask people, what's the next step? what gets things moving? it's still complicated, and nobody has a consensus on that. the biggest challenge is how you strike a deal this year that has some things left undone for next year. and there's all sorts of people thinking about different kinds of triggers, different kind of things that say, well, if congress doesn't do x, then y kicks in, but there's no agreement on what those need to be. there's going to be more revenue, but things like entitlement reform, tax reform, those things are still very unsettled. >> so senator tom coburn yesterday on "morning joe" became the latest to break rank, saying he could support president obama's tax proposal. coburn joins a growing chorus of republicans from outside the house of representatives, urging house leadership to clear the way for a broad deal that would include tax increases on the wealthy. ho
that's obviously not a great environment to move things along. the optimists on both sides think we're going to get a deal, not by christmas, but by new year's. if you ask people, what's the next step? what gets things moving? it's still complicated, and nobody has a consensus on that. the biggest challenge is how you strike a deal this year that has some things left undone for next year. and there's all sorts of people thinking about different kinds of triggers, different kind of things that...